ID :
202982
Tue, 08/23/2011 - 12:56
Auther :
Shortlink :
http://m.oananews.org//node/202982
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Thai government should solve palm problems systematically: UTCC
BANGKOK, August 23 (TNA) - An economist from the University of the Thai Chamber of Commerce says the new government should solve palm oil problems systematically, warning of deep troubles in the Thai agricultural sector once the country joins the ASEAN Economic Community.
Director of the UTCC’s International Trade Studies Center Ath Pisarnwanich said Thailand’s share of palm oil in Southeast Asian and global markets had continued to decrease at 2.2 percent and 0.4 percent respectively.
However, Ath said other ASEAN countries, namely Indonesia and Malaysia, held substantial shares in these markets, and that the cost of palm oil production in Malaysia alone stood at only 2,560 baht per rai, or at least four times cheaper than in Thailand.
The senior Thai economist explained that major problems facing Thailand’s palm oil sector were the low-quality palm strains, the lack of farmers’ bargaining power, unsuitable plantation areas, high production costs, the lack of institutional control, and poor developmental strategies.
His solution to the government include developing highly-productive-palm strains, implementing policies to help reduce production costs, setting up a national institution to oversee oil palm and palm oil development, and effectively managing palm oil stocks for both consumption and energy production. (TNA)
Director of the UTCC’s International Trade Studies Center Ath Pisarnwanich said Thailand’s share of palm oil in Southeast Asian and global markets had continued to decrease at 2.2 percent and 0.4 percent respectively.
However, Ath said other ASEAN countries, namely Indonesia and Malaysia, held substantial shares in these markets, and that the cost of palm oil production in Malaysia alone stood at only 2,560 baht per rai, or at least four times cheaper than in Thailand.
The senior Thai economist explained that major problems facing Thailand’s palm oil sector were the low-quality palm strains, the lack of farmers’ bargaining power, unsuitable plantation areas, high production costs, the lack of institutional control, and poor developmental strategies.
His solution to the government include developing highly-productive-palm strains, implementing policies to help reduce production costs, setting up a national institution to oversee oil palm and palm oil development, and effectively managing palm oil stocks for both consumption and energy production. (TNA)
